Strong GMV and Revenue Growth
The company achieved a GMV growth of 6.2% and revenue growth of 7.6% year-on-year, marking significant accomplishments amidst a changing macroeconomic environment.
Adjusted EBIT Improvement
Zalando reported an adjusted EBIT of EUR 232 million with a margin of 4.4%, improving by 0.3 percentage points year-on-year.
Launch of AI-Powered Discovery Feed
Zalando launched a new AI-powered discovery feed in its app, enhancing customer engagement with personalized content and recommendations.
Successful Integration of ABOUT YOU
The acquisition and integration of ABOUT YOU are expected to result in significant synergies, contributing to a projected adjusted EBIT of EUR 550 million to EUR 600 million for the combined group.
Expansion of Loyalty Program
The loyalty program surpassed 10 million members, contributing significantly to customer engagement and retention.
B2B Segment Growth
B2B revenues grew by 12.2% year-over-year, driven by ZEOS fulfillment, with adjusted EBIT margin increasing by 1.3 percentage points to 4.3%.